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Empire State Realty OP LPOGCP +3.85%61 Equity-to-Asset is 0.41 as of Mar. 2026, which is 2% below its 10-year median of 0.42. GuruFocus rates OGCP with a GF Score™ of 61/100 and a GF Value™ of $8.92 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 932 REITs companies, Empire State Realty OP LP ranks worse than 80.69% on this metric.
The historical rank and industry rank for Empire State Realty OP LP's Equity-to-Asset or its related term are showing as below:
OGCP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0 Med: 0.42 Max: 0.51
Current: 0.41
During the past 13 years, the highest Equity to Asset Ratio of Empire State Realty OP LP was 0.51. The lowest was 0.00. And the median was 0.42.
OGCP's Equity-to-Asset is ranked worse than 80.69% of 932
companies
in the REITs industry
Industry Median: 0.58
vs OGCP: 0.41
Empire State Realty OP LP (ARCA:OGCP) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Empire State Realty OP LP Equity-to-Asset Related Terms
Empire State Realty OP LP Equity-to-Asset Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Office subindustry, Empire State Realty OP LP's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Empire State Realty OP LP Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty OP LP's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Empire State Realty OP LP's Equity-to-Asset falls into.
Empire State Realty OP LP Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Empire State Realty OP LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Empire State Realty OP LP (OGCP) has a Equity-to-Asset of 0.41 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Empire State Realty OP LP and its competitors. This is near median its historical median of 0.42. According to the industry distribution chart, Empire State Realty OP LP ranks #752 out of 932 companies in the REITs industry, placing it in the top 80.7%.
Is Empire State Realty OP LP's Equity-to-Asset too high?
Empire State Realty OP LP's current Equity-to-Asset of 0.41 is near median its 10-year median of 0.42. The REITs industry median Equity-to-Asset is 0.58. Empire State Realty OP LP's value of 0.41 is 29.3% below this industry median. Based on the distribution chart, Empire State Realty OP LP ranks #752 out of 932 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Empire State Realty OP LP has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's Equity-to-Asset compare to PDM and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #752 out of 932 companies for Equity-to-Asset. This places Empire State Realty OP LP in the lower half of its industry. The industry median Equity-to-Asset is 0.58. Empire State Realty OP LP's value of 0.41 is 29.3% below this benchmark. While the company's 10-year median is 0.42 vs. the industry median of 0.58, Empire State Realty OP LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty OP LP's current Equity-to-Asset of 0.41 is 29.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Empire State Realty OP LP and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty OP LP's current Equity-to-Asset is 0.41, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire State Realty OP LP stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty OP LP (OGCP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.92, compared to a current price of $5.40 — trading 39.5% below its estimated fair value. The current Equity-to-Asset is 0.41, which is near median its 10-year median of 0.42 and 29.3% below the REITs industry median of 0.58. Empire State Realty OP LP's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Empire State Realty OP LP (OGCP), the current Equity-to-Asset is 0.41 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Empire State Realty OP LP (OGCP) Overvalued in 2026?
Based on GuruFocus' analysis, Empire State Realty OP LP stock appears to be undervalued.
The current stock price of $5.40 is trading 39.5% below its estimated GF Value™ of $8.92.
GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.
Key valuation signals for OGCP:
Equity-to-Asset: 0.41 (near median its 10-year median of 0.42)
GF Value™: $8.92 vs. price of $5.40 (39.5% below fair value)
Industry Position: 29.3% below the REITs median (#752 of 932)
No single metric tells the full story. See the OGCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire State Realty OP LP is an NYC-focused real estate investment trust (REIT) that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets, conducts all of its business, and owns substantially all of its assets. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning, and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.
61GF Score
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